Current:Home > NewsSurpassing:Panama’s congress backtracks to preserve controversial Canadian mining contract -Ascend Finance Compass
Surpassing:Panama’s congress backtracks to preserve controversial Canadian mining contract
Algosensey Quantitative Think Tank Center View
Date:2025-04-08 23:07:58
PANAMA CITY (AP) — An indefinite moratorium on Surpassingnew mining activities passed a second vote in Panama’s National Assembly Thursday. One article was removed, however, that would have revoked a controversial mining contract which had sparked nationwide protests over the past two weeks.
The bill had already passed a second debate on Wednesday while it still included an article revoking the government’s contract with Minera Panama, a local subsidiary of Canadian mining company First Quantum.
Lawmakers reversed that decision Thursday, sending the bill back to a second debate and stripping the article specifically related to the Minera Panama contract.
Some lawyers welcomed the decision, warning that revoking the contract with a new bill could have left the government open to multi-million dollar legal liabilities. Experts said those could be avoided if the country’s Supreme Court rules the original contract was unconstitutional in any one of eight such cases brought against the deal so far.
The moratorium bill now awaits a third and final debate, in which no further changes can be made, then the final approval of President Laurentino Cortizo. Technically the Assembly went on recess earlier this week, so Cortizo is expected to call for another day of extraordinary session for the debate. Another bill also awaits debate, which would put the contract to a popular referendum.
Cortizo initially gave his final approval to the contract on October 20. It allows Minera Panama to continue operating an open pit copper mine in the state of Colon for 20 years, with the possibility of the company extending it another 20 years. Environmentalists argue the mine threatens to destroy more of the dense jungle surrounding it and imperils local drinking water.
Protests continued across the country Thursday, drawing supporters from Indigenous groups and unions across the education, construction and medical sectors.
veryGood! (454)
Related
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Too hot for a lizard? Climate change quickens the pace of extinction
- NHL Stanley Cup playoffs schedule 2024: Dates, times, TV for first round of bracket
- Are green beans high risk? What to know about Consumer Reports' pesticide in produce study
- Travis Hunter, the 2
- What is ARFID? 8-year-old girl goes viral sharing her journey with the rare eating disorder.
- Did Zendaya Just Untangle the Web of When She Started Dating Tom Holland? Here's Why Fans Think So
- Trader Joe's pulls fresh basil from shelves in 29 states after salmonella outbreak
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Waco, OKC bombing and Columbine shooting: How the April tragedies are (and aren't) related
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- House GOP's aid bills for Israel, Ukraine, Taiwan advance — with Democrats' help
- FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes
- Donna Kelce, Brittany Mahomes and More Are Supporting Taylor Swift's The Tortured Poets Department
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- National Guard delays Alaska staffing changes that threatened national security, civilian rescues
- Tyler Cameron Cancels Golden Bachelor's Gerry Turner and Theresa Nist After Their Split
- 4 suspects in murder of Kansas moms denied bond
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Third person dies after a Connecticut fire that also killed a baby and has been labeled a crime
Lionel Messi is healthy again. Inter Miami plans to keep him that way for Copa América 2024
384-square foot home in Silicon Valley sells for $1.7 million after going viral
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Scientists trying to protect wildlife from extinction as climate change raises risk to species around the globe
Expert will testify on cellphone data behind Idaho killing suspect Bryan Kohberger’s alibi
Poland's Duda is latest foreign leader to meet with Trump as U.S. allies hedge their bets on November election